What is DA Davidson’s Estimate for Kadant FY2025 Earnings?

Kadant Inc (NYSE:KAI) – DA Davidson increased their FY2025 earnings per share estimates for shares of Kadant in a note issued to investors on Tuesday, August 5th. DA Davidson analyst K. Yinger now anticipates that the industrial products company will earn $9.18 per share for the year, up from their prior estimate of $9.07. DA Davidson has a “Neutral” rating and a $300.00 price target on the stock. The consensus estimate for Kadant’s current full-year earnings is $9.97 per share. DA Davidson also issued estimates for Kadant’s FY2026 earnings at $10.13 EPS.

Kadant (NYSE:KAI) last released its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $2.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.37. The company had revenue of $255.27 million during the quarter, compared to analysts’ expectations of $245.99 million. Kadant had a return on equity of 12.62% and a net margin of 10.34%. The business’s revenue for the quarter was down 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.81 earnings per share.

Several other equities analysts also recently issued reports on the stock. Barrington Research reissued an “outperform” rating and set a $380.00 price objective on shares of Kadant in a research note on Tuesday, July 29th. Wall Street Zen raised Kadant from a “sell” rating to a “hold” rating in a research note on Saturday, July 5th.

Kadant Price Performance

NYSE:KAI opened at $326.12 on Thursday. Kadant has a 12-month low of $281.30 and a 12-month high of $429.95. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 36.32 and a beta of 1.24. The company’s 50-day moving average is $324.90 and its two-hundred day moving average is $334.78. The company has a current ratio of 8.17, a quick ratio of 4.97 and a debt-to-equity ratio of 0.27.

Kadant Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 10th were given a $0.34 dividend. The ex-dividend date of this dividend was Thursday, July 10th. This represents a $1.36 annualized dividend and a dividend yield of 0.4%. Kadant’s dividend payout ratio (DPR) is currently 15.14%.

Kadant declared that its Board of Directors has approved a share buyback plan on Thursday, May 15th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the industrial products company to reacquire up to 1.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Kadant

Large investors have recently bought and sold shares of the stock. LPL Financial LLC raised its holdings in shares of Kadant by 18.3% in the 4th quarter. LPL Financial LLC now owns 1,557 shares of the industrial products company’s stock worth $537,000 after purchasing an additional 241 shares during the period. JPMorgan Chase & Co. raised its holdings in Kadant by 29.3% in the fourth quarter. JPMorgan Chase & Co. now owns 83,717 shares of the industrial products company’s stock valued at $28,882,000 after buying an additional 18,995 shares during the period. O Shaughnessy Asset Management LLC lifted its position in Kadant by 37.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,114 shares of the industrial products company’s stock valued at $384,000 after buying an additional 304 shares in the last quarter. Alliancebernstein L.P. lifted its position in Kadant by 13.6% during the fourth quarter. Alliancebernstein L.P. now owns 14,051 shares of the industrial products company’s stock valued at $4,847,000 after buying an additional 1,678 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in Kadant by 11.3% during the fourth quarter. Franklin Resources Inc. now owns 5,021 shares of the industrial products company’s stock worth $1,732,000 after buying an additional 511 shares during the period. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Kadant Company Profile

Kadant Inc supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems.